Value-Add

Carmel Partners raises $1.35bn for ninth US multifamily fund

With its latest fund, the firm has pivoted from a focus on ground-up development to buying and upgrading operating assets as return propositions have shifted.

Ares holds final close for US and European value-add funds

The vehicles are the largest in their respective fund series, with US XI also representing the firm’s largest-ever capital haul for a closed-end real estate fund.

VRS’s Noland: Real estate is outperforming benchmarks despite headwinds

The real assets director at the $130bn public pension intends to gradually expand its exposure to the asset class.

Five forces redefining value-add investing in private real estate

The new reality of value creation and asset management reflects a broader shift away from passive ownership and toward hands-on management as the main driver of returns.

ESR on where logistics is creating value for investors today

As logistics real estate matures across Asia-Pacific, performance is increasingly driven by operational execution rather than market momentum, explains ESR’s Phil Pearce.

Entering the next era of operational alpha in private real estate

Real estate managers accept that NOI growth is critical to investment performance, and now innovators in the sector are capturing a greater share of the operational upside.

UBS Asset Management on designing an alpha-focused investment strategy for the next era

With easy gains fading, investors must rely on asset insight and integrated data to identify true performers, say UBS Asset Management’s Larissa Belova and Matt Johnson.

Property insurance has become part of value-add strategies

Uncertainty is elevating property insurance from protective necessity to asset value driver.

The data-led approach to value creation

Real estate asset management is undergoing a structural transformation as data, technology and AI shape how value is created.

On the minds of private real estate’s value-add experts

As fundraising remains muted across the value-add strategy, managers and investors emphasize execution, pricing and selectivity as key performance drivers globally.